Real estate news & trends

Presidential Towers

We define Chicago’s “near west” neighborhoods to include the West Loop, Fulton River District and River West. You’ll find all of your major apartment options in these neighborhoods on our at-a-glance list of downtown apartments. Our goal is to help you find the apartment that best fits your needs. Renters simply have so many differing ...

We define Chicago’s “near west” neighborhoods to include the West Loop, Fulton River District and River West. You’ll find all of your major apartment options in these neighborhoods on our at-a-glance list of downtown apartments. Our goal is to help you find the apartment that best fits your needs. Renters simply have so many differing ...

We define Chicago’s “near west” neighborhoods to include the West Loop, Fulton River District and River West. You’ll find all of your major apartment options in these neighborhoods on our at-a-glance list of downtown apartments. Our goal is to help you find the apartment that best fits your needs. Renters simply have so many differing ...

We define Chicago’s “near west” neighborhoods to include the West Loop, Fulton River District and River West. You’ll find all of your major apartment options in these neighborhoods on our at-a-glance list of downtown apartments. Our goal is to help you find the apartment that best fits your needs. Renters simply have so many differing ...

We define Chicago’s “near west” neighborhoods to include the West Loop, Fulton River District and River West. You’ll find all of your major apartment options in these neighborhoods on our at-a-glance list of downtown apartments. Our goal is to help you find the apartment that best fits your needs. Renters simply have so many differing ...

We define Chicago’s “near west” neighborhoods to include the West Loop, Fulton River District and River West. You’ll find all of your major apartment options in these neighborhoods on our at-a-glance list of downtown apartments. Our goal is to help you find the apartment that best fits your needs. Renters simply have so many differing ...

Presidential Towers has had nearly a complete makeover since the time of my last visit. About two-thirds of the property’s 2,346 apartments have been renovated, and the rest are scheduled for renovation. Changes include the replacement of carpeting with hardwood-like flooring in living areas, updated kitchens and baths, opening kitchens to the living areas in ...

I visited Presidential Towers (PT) last week in the company of David Scharfenberg, who became the General Manager of the West Loop property just shy of two years ago. During his brief tenure Scharfenberg has presided over a truly amazing number of changes, and PT now bears little resemblance to its prior state. More than ...

When Presidential Towers (PT) was experiencing financial difficulties in the late 80s we ran a contest asking readers to suggest alternate uses for the property. Most of the submissions have long since passed out of memory, but there are two that I recall. The first started with the notion that the buildings resembled a sequence ...

Crain’s Chicago Business reported over the weekend that Eastdil Secured has been retained to sell a 49 percent interest in Presidential Towers (warning: annoying auto-play of video), a West Loop apartment complex that’s the largest in the city at 2,346 units. According to Crain’s, which reports the property’s occupancy rate at 93 percent: A sale ...

As more of Chicago’s large apartment complexes make their exact apartment availability info accessible online, it’s becoming easier and easier to determine what’s available for rent in downtown Chicago. The answer is: not much. That’s a different conclusion than you might reach from scanning the 1,000s of repetitive bait-and-switch ads with which the rental services ...

If you have tales you’d like to share from your apartment hunt, add them in a comment or email yojoe at yochicago dot com. Here’s the sixth report from my veteran renter correspondent. Note that we don’t vouch for the accuracy of any of these tales, nor do we try to verify them. We will ...

If you have tales you’d like to share from your apartment hunt, add them in a comment or email yojoe at yochicago dot com. Here’s the third report from my veteran renter correspondent. Stay tuned for more. And note that we don’t vouch for the accuracy of any of these tales, nor do we try ...

In the mid-1980s, Chicagoans on their daily commute into the Loop were amazed at how quickly four new skyscrapers were rising out of the ground. When they were completed in 1986, the four Presidential Towers (“PT”) high-rises (of six originally planned) became and remain the tallest buildings west of the river in Chicago. When construction ...

With 20 entries to its name, Presidential Towers, 555 W Madison St, is the second most reviewed development in the downtown area at Yelp. Why does it have a 2.5 out of 5 right now? Here’s a sampling of what those reviewers had to say: “If you are a newcomer to the city, this is ...